Analyze Symbol

Stock Trend Analysis Report

Prepared for you on Thursday, August 17, 2017.

MELCOR DEVELOPMENTS LTD (TSE:MRD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

TSE_MRD
Open High Low MRD Price Change
15.16 15.16 15.15 15.00 -0.15
Entry Signal

MarketClub’s Trade Triangles for MRD

long term down The long term trend has been DOWN since Jul 5th, 2017 at 15.25

intermediate term up The intermediate term trend has been UP since Aug 1st, 2017 at 14.34

short term up The short term trend has been UP since Jul 28th, 2017 at 14.10

Smart Scan Analysis for MRD

Based on a pre-defined weighted trend formula for chart analysis, MRD scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for MRD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
15.16 15.16 15.15 15.00 -0.15
Prev. Close Volume Bid Ask Time
15.15 400 2017-08-17 10:50:36
Year High16.99Year High Date2017-04-10
Year Low13.8Year Low Date2017-02-06
52wk High16.9952wk High Date2017-04-10
52wk Low12.1652wk Low Date2016-11-17
Year End Close15.75Average Volume2,738
Volatility27.18
Want to analyze MELCOR DEVELOPMENTS LTD MRD or another symbol? Try our Free Stock Trend Analysis Report.